Group 1 - Beijing Zhiyu Huazhang Technology Co., Ltd. (referred to as "Zhiyu") is considering moving its IPO plan from mainland China to Hong Kong, potentially raising around $300 million (approximately HKD 2.34 billion) [1] - Zhiyu is preparing for both Hong Kong and A-share listings, with a higher probability of an A-share listing [1] - The company is one of several Chinese startups attempting to compete globally with OpenAI [1] Group 2 - Zhiyu focuses on developing a new generation of cognitive intelligent large models, including the bilingual pre-trained model GLM-130B and the dialogue model ChatGLM [2] - The company has created a matrix of AIGC models and products, including AI efficiency assistant Zhiyu Qingyan, CodeGeeX, CogVLM, and CogView [2] - Zhiyu promotes a "Model as a Service" (MaaS) market concept, providing a platform for efficient and generalized AI development [2] Group 3 - Zhiyu has undergone several rounds of financing, with investors including Meituan, Ant Group, Alibaba, Tencent, Xiaomi, Sequoia, Hillhouse, and others [3]

作者｜ Stone Jin 微信公众号｜ipozaozhidao 第一家正式启动IPO流程的"大模型创业公司"。 本文为IPO早知道原创 据 IPO早知道消息， 北京智谱华章科技股份有限公司 （以下简称 " 智谱 "）于2025年3月31日同中 金公司签署辅导协议，正式启动 A 股 IPO进程。 这意味着，智谱成为 "大模型创业公司"中第一家正式启动上市流程的企业 。 成立于 2019年的智谱 致力于打造新一代认知智能大模型 。早在 2020年 年 底 ，智谱就研 发 了 GLM预训练架构， 并于 2021年训练完成百亿参数模型GLM-10B，同年利用MoE架构成功训练出收 敛的万亿稀疏模型，2022年研发了中英双语千亿级超大规模预训练模型GLM-130B并开源。2023 年，智谱推出千亿基座对话模型ChatGLM并两次升级，开源版本的ChatGLM-6B让大模型开发者的 本地微调和部署成为可能 。 2024年1月，智谱推出新一代基座大模型GLM-4，整体性能相比上一代大幅提升；6月开源GLM-4- 9B及视觉模型GLM-4V-9B，多模态能力媲美GPT-4V；7 月推出视频生成模型CogVideoX，推理速 ...

Core Insights - The article highlights significant developments in the AI industry, including major investments, product launches, and strategic shifts by leading companies [2][24]. Domestic Developments - Alibaba is reportedly aiming for full "AI integration" across its business by 2025, with all departments evaluated on their AI utilization for growth [4][5]. - Notable investor Duan Yongping purchased $9.25 million worth of Nvidia shares, but Nvidia's stock fell by 3.43% on the day of the announcement [5]. - Manus has registered its generative AI service Monica in Beijing, with the city leading in the number of registered large model products [5]. - The Step-Video-TI2V model was released, capable of generating 5-second videos with controllable motion [5]. - Yushutech showcased its humanoid robot and quadruped robot at AWE2025, attracting significant attention [6]. - The AI service Deepseek will assist users in estimating repair costs, enhancing transparency in pricing [8]. - Xiaomi's AI search and writing tools were among 34 newly registered generative AI services in Beijing [14]. International Developments - OpenAI launched new voice models aimed at developing voice AI agents, marking a significant advancement in the field [14]. - Elon Musk's xAI is collaborating with BlackRock to establish an AI infrastructure investment fund, indicating a competitive stance against OpenAI [15]. - Apple is restructuring its AI leadership to revitalize its AI initiatives, particularly focusing on improving Siri [15][16]. - Nvidia introduced the GROOT N1, an open-source humanoid robot model, which is expected to accelerate the development of humanoid robots [19][21]. - Google announced a $32 billion acquisition of cloud security company Wiz, enhancing its cloud capabilities in the AI era [21]. Investment and Financing Overview - This week, there were 7 disclosed AI financing events globally, totaling approximately 563 million RMB, with an average investment of 94 million RMB [25][31]. - The majority of domestic AI financing events were concentrated in Zhejiang and Beijing, with 4 and 3 events respectively [28]. - Zhihui AI, a developer of AI knowledge technology, completed a 300 million RMB D++ round financing, focusing on large model innovations [31].

Core Insights - The article provides an overview of the latest trends in domestic investment and financing events, highlighting a decrease in the number of financing events compared to the previous week, with a total of 54 events reported this week [4]. Group 1: Investment Overview - A total of 54 financing events were disclosed in the domestic primary market this week, a decrease of 31 events compared to last week [4]. - Among the disclosed financing events, 20 reported financing amounts, with a total financing scale of 1.233 billion RMB, resulting in an average financing amount of 62 million RMB [4]. Group 2: Industry Distribution - The most active sectors in terms of financing events this week were intelligent manufacturing, healthcare, and artificial intelligence, with 19, 7, and 7 events respectively [5]. - In terms of disclosed financing amounts, the artificial intelligence sector led with a total financing scale of approximately 563 million RMB, highlighted by the D-round financing of 300 million RMB for "Zhipu AI," a developer of AI knowledge intelligence technology [5][6]. - The intelligent manufacturing sector reported a total financing amount of 270 million RMB, with "Gongjin Microelectronics," a provider of advanced packaging and testing services, completing over 100 million RMB in A-round financing [6]. Group 3: Regional Distribution - The disclosed financing events were primarily concentrated in Jiangsu, Beijing, and Zhejiang, with 14, 12, and 10 events respectively [9]. - Jiangsu reported a total financing of 180 million RMB across 4 disclosed events, while Beijing had 393 million RMB from 5 disclosed events, and Zhejiang reported 430 million RMB from 8 disclosed events [11]. Group 4: Stage Distribution - The stage distribution of the disclosed financing events showed that 44 were early-stage, 9 were growth-stage, and 1 was late-stage [12]. Group 5: Mergers and Acquisitions - A total of 14 completed merger and acquisition events were disclosed this week, an increase of 6 events compared to the previous week, spanning traditional industries, intelligent manufacturing, and tourism [24]. - Notably, "Huaxing Optoelectronics" acquired 80% of "China Legin," an electronic components wholesaler, for 7.37 billion RMB [24].

以下文章来源于LP波谱 ，作者鲁智高 黎曼 LP波谱 . 本账号专注LP市场报道。"波浪、谱系"是识别市场的维度，也是定义市场的坐标；此外，波谱（Pop Art）也意为放低意义与史诗 的执念，认同商业的日常之美。 将投中网设为"星标⭐"，第一时间收获最新推送 一个月不到，融了三轮。 作者丨鲁智高 黎曼 来源丨LP波谱 刚刚，智谱又双叒叕获得融资了。 2025年3月19日，成都高新区宣布向智谱注资3亿元，共同打造四川省基座大模型"智谱AI诸葛"，并建设三位一体的AI基础设 施，目标在5年内支持超1000家企业AI转型，孵化20家生态企业。 这是智谱本月内的第三次融资了。 3月3日，杭州城投产业基金、上城资本联合投资智谱超10亿元，推动GLM（General Language Model）大模型在长三角落 地；3月13日，珠海最大的综合国企"华发集团"宣布战略投资智谱5亿元，并与珠海高新区、智谱联合搭建首个城市级GLM大 模型空间——"智谱+珠海华发空间"。 自DeepSeek火出圈后，智谱是还在继续疯狂融资的国产大模型企业。一个月不到融三轮，总计拿下18亿元，这家估值已经突 破200亿元的北京明星独角兽可谓是" ...

AI领域，迎来两大利好消息！ | | 分时 1分钟 5分钟 更多 > | | 竞价 暨加 重播 统计 画线 F10 标记 +自选 返回 | | | 深 塞 格 000058 L RI000 | | | 商业连锁 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 9.23 | 深 寨 格 分时 均线 成交星 | | 涨跌停分析 | 4 1 | 10.01% | 9.23 0.84 10.01% | | | 0.49% | | 9.11 | | | | | 8.58% | | | | | | | | | | | | 米 | 英 | 首 | all | | 8.99 | | | | | 7.15% | | | | | | 8.87 | | | | | 5.72% | Ph | | | | | 8.75 | | | | | 4.29% | 卖山 | | | | | 8.63 | | | | | 2.86% | | | | | | 8.51 | | | | | 1.43% | | | | | | 8.39 | | | | | 0.00% ...